Synopsis: String Metaverse fixed June 19, 2026, as the record date for its 2:9 bonus issue, rewarding shareholders with two additional shares for every nine held.
This Small-Cap IT Stock, engaged in providing digital technology solutions, metaverse-related services, software development, and innovative virtual experiences for businesses and consumers, jumped 4.83 percent after the board fixed a record date for a 2:9 bonus issue.
With a market capitalization of Rs. 1,156.17 crores, the share of String Metaverse Limited has reached an intraday high of Rs. 9.98 per equity share, rising nearly 4.83 percent from its previous day’s close price of Rs. 9.52. Since then, the stock has retreated and is currently trading at Rs. 9.90 per equity share.
What is the News?
String Metaverse Limited’s Board of Directors has fixed Friday, 19th June, 2026, as the Record Date for determining the eligibility of shareholders for the allotment of 2:9 Bonus Equity Shares. The deemed date of allotment of the aforesaid Bonus Equity Shares shall be Monday, 22nd June, 2026
The board has decided to issue bonus shares at a ratio of 2:9, meaning that shareholders will receive two new fully paid-up equity shares of Re. 1 each for every nine existing fully paid-up equity shares they hold.
For example, if a shareholder owns 1,000 shares of String Metaverse Limited, they will receive 222 bonus shares under the 2:9 bonus issue, bringing their total holding to 1,222 shares after the bonus issue.
Company Overview
String Metaverse Limited is an Indian listed digital-technology company that has pivoted from traditional paper manufacturing into Web3, gaming, blockchain, and metaverse-focused solutions. It positions itself as a global digital infrastructure and metaverse ecosystem player, building platforms, liquidity infrastructure, and services around decentralized digital assets.
Geographical Presence
The company is registered in Hyderabad, Telangana, and has been expanding internationally through subsidiaries such as Kling Digital Assets FZCO and its units in Ras Al-Khaimah (UAE), as well as String Digi Tech Pte Ltd in Singapore. These entities focus on DePIN & AI, digital asset treasury management, and Web3 platform development, supporting String Metaverse’s ambition to operate a globally distributed metaverse and digital-asset ecosystem.
Recent Quarter Results
Coming into financial highlights, String Metaverse Limited’s revenue has increased from Rs. 154 crore in Q4 FY25 to Rs. 359 crore in Q4 FY26, which has grown by 133.12 percent. The net profit has also grown by 169.23 percent from Rs. 13 crore in Q4 FY25 to Rs. 35 crore in Q4 FY26. String Metaverse Limited’s revenue and net profit have grown at a CAGR of 166.07 percent and 206 percent, respectively, over the last two years.
In terms of return ratios, the company’s ROCE and ROE stand at 41.6 percent and 41.6 percent, respectively. String Metaverse Limited has an earnings per share (EPS) of Rs. 0.88, and its debt-to-equity ratio is 0.02x.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
